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planningforlife created a boo
20 May 2013
play0:00 / 4:08Jeremy Deedes’ Monday Morning Money Manifesto. My aspirations for changing the way we deal with our personal finances through the art an... -
planningforlife created a boo
13 May 2013
play0:00 / 4:44Jeremy Deedes' Monday Money Manifesto. Please click to hear, in just five minutes, my aspirations for changing the way we deal with our p... -
planningforlife created a boo
06 May 2013
play0:00 / 5:00Jeremy Deedes’ Monday Morning Markets Round-up, a brief but comprehensive overview of global markets and economies, including a review of... -
planningforlife created a boo
29 April 2013
play0:00 / 4:28Jeremy Deedes’ Monday Morning Money Manifesto for clients and subscribers of Planning for Life Ltd and Living-Money.com. Please click ... -
planningforlife created a boo
20 April 2013
play0:00 / 4:57My views on why financial planning is so important (taken from Living Money: How New Entrepreneurial families can achieve true freedom wi... -
planningforlife created a boo
15 April 2013
play0:00 / 5:00Jeremy Deedes’ weekly commentary for clients and subscribers of Planning for Life Ltd and Living-Money.com. This week, a brief but com... -
planningforlife created a boo
08 April 2013
play0:00 / 5:00Jeremy Deedes’ weekly commentary for clients and subscribers of Planning for Life Ltd and Living-Money.com. This week, a brief but com... -
planningforlife created a boo
25 March 2013
play0:00 / 5:00Jeremy Deedes’ weekly commentary for clients and subscribers of Planning for Life Ltd and Living-Money.com. This week, Jeremy talks ab... -
planningforlife created a boo
18 March 2013
play0:00 / 4:58Jeremy Deedes’ weekly commentary for clients and subscribers of Planning for Life Ltd and Living-Money.com. This week, a brief but com... -
planningforlife created a boo
11 March 2013
play0:00 / 5:00Jeremy Deedes’ weekly commentary. This week, Jeremy talks about the Expand Your Brand conference and Entrepreneur Revolution by Daniel... -
planningforlife followed Susanne Currid
28 January 2013
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planningforlife commented on a boo
26 April 2011
Weekly commentary, 25 April 2011
about 2 years ago Helmsley, North Yorkshire, England
“Good morning, this is Jeremy Deedes of Planning for Life, life and financial planning consultants from Helmsley, North Yorkshire. This is my market perspective for Monday 25th April 2011 Highlight of last week Shortened week, but key points: S&P threatened downgrade of US debt - rising debt, political inability to deal with it Bank of China tightened liquidity by increasing banks required reserves for the fourth time this year Greek debt rescheduling marched inexorably closer Earnings reports turned more favourable after a shaky start last week US housing improved, whilst US manufacturing stalled a little, but is still on an upward trend Apple posted record 2Q revenue of $24.7 billion and record 2Q profits of nearly $6bn on sales of Macs, ipods and ipads. Markets Earnings news lifted markets after the sharp falls at the start of the week: Japan +1% FE +2% Europe +1.5% but UK only managed +.5% US +1.5%% Bottom line Little economic data meant investors could focus on favourable US earnings which pulled the markets up. Companies finding ways of maintaining and improving profits, even if the recovery is still bumpy. Investors became less risk averse, leading to a fall in the US$. This week - market moving events may be a short week this week in the UK, but a mass of market moving data to come this week: FOMC announcement and press conference Bank of Japan meeting Advance estimates of UK and US 1Q GDP PFL Small print Please note that nothing in this commentary should be regarded as advice. Planning for Life cannot be held responsible for the outcome of any action taken based on this commentary if advice has not been sought beforehand. You should contact Planning for Life on 01439 770 105 or through our website, www.planningforlife.org, or your professional advisers, before taking any action relating to your personal finances. Planning for Life is authorised and regulated by the Financial Services Authority; our number is 448184. ” -
planningforlife commented on a boo
05 April 2011
Weekly commentary, 21 March 2011
about 2 years ago Helmsley, North Yorkshire, England
“Good Morning. This is Jeremy Deedes of Planning for Life, life and financial planning consultants from Helmsley, in North Yorkshire. Good Morning. This is my market prospective from Monday, 21 March 2011. Let us look at last week first of all, which is certainly one of the most intense, I think extraordinary and probably the most distressing weeks the world has seen for many years. We saw initially those horrendous pictures of the havoc wreaked by the tsunami in Japan and towards the end of the week, we began to realise that the death toll was going to be in the region of at least 20,000. Far more than the 2,000 odd that has been predicted at the beginning of the week. We saw a near nuclear meltdown. We saw riots in Bahrain. We saw increased violence in Libya culminating in the implementation of the UN no-fly zone towards the end of the week. But on the upside, we saw over the weekend, elections in Egypt and an overwhelming vote in favour of a new constitution and to seeing comments from some of the Egyptians interviewed on the press, on the TV, all talking about the real need to move forward and to start a new life as soon as possible – so that was a real encouragement. It is always easy to reduce these tragedies – well, in the case of Egypt – both these successes as well. It is enormous statistics, but let us not, not, not forget the human cost, the human tragedy behind all these stories – from those people putting their lives at risk by trying to control the nuclear reactor in Japan to all those who have lost loved ones, who are homeless in Japan to those who are suffering from violence in Libya and other parts of the Middle East. I think it is a real shame that the press decided in the middle of the week to concentrate so much on the nuclear story, really treading on people’s fears more than anything else. But that was really at the expense of the real human stories of the tragedy of people who were not affected by the nuclear fallout, but by the tsunami and the earthquake itself. And those all but pushed back to the tail-ender news which I thought was a great shame and probably is indicative of the news industry’s desire to make money out of people’s fears rather than trying to inspire their compassion. Anyway, turning to their economic and financial front, highlights of last week included – well, quite a lot actually – rising oil prices, Moody’s, the debt agency downgraded Portugal’s debt following on from that is Greece and Spain the week before. The OECD reporting to the UK with its low growth. Interim interest rates increased to 6.75% and reserve rates in China has also tightened, both continuing trends to tighten monetary policy in the Far East to combat ever rising inflation. In the US, we saw unexpected strength in US manufacturing sector and industrial sectors which are pending recovery but an ongoing weakness in the housing sector in the US. There is also a growing trend of inflation in the US led by fuel and energy once again, echoing a global trend. US leading indicators make a strong come back which is good, and then again the Fed’s marginal economic upgrade made at the same time as they announced unchanged policy on interest rates and QE. So how did the markets do last week? Well, unsurprisingly they were pretty much down after a very volatile week. We saw Japan down 10%, Asia-Pacific market is down around 2% to 3%, Europe was down about 3%, and US down 2%. But we should not set too much store on these short term movements, they are triggered by short-term events. What we really need to look at is the longer term influence on markets and that at the moment is still very unclear. So the bottom-line, in the US we see manufacturing strength outweighing housing weakness and a recovering financial sector. So the short term for the US is positive. However, in Europe and the Far East, earthquake and the unrest will continue to influence markets – stronger this week, I suspect. But I think last week reinforces two of our Principles of Navigator, which is our 10 Steps to Freedom and an Authentic Life. Principle 3 is plan first, product second and plan any work control. And honestly, so much last week we could not control, but what we can control is our spending, debt, asset allocation, etc. And Principle 8 is asset allocation and on these days, it is important to have a balanced multi-asset class portfolio protected against the macroeconomic risks that we see. Coming up, Japan and Libya which are going to be key drivers of the markets although it was a relatively quiet week for data, but in the UK we see Bank of England meeting minutes, inflation in retail sales, oh yes, and the budget. And before I go, please note that nothing in this commentary should be regarded as advice. Planning for Life cannot be held responsible for the outcome of any action taken based on this commentary if advice has not been sought beforehand. You should contact Planning for Life in 01439 770 105 or through our website, www.planningforlife.org, or your professional advisers, before taking any action relating to your personal finances. Planning for Life is authorized and regulated by the Financial Services Authority; our number is 448184. Thank you very much. Take care. ” -
planningforlife commented on a boo
05 April 2011
Weekly commentary, 28 March 2011
about 2 years ago Helmsley, North Yorkshire, England
“Good Morning this is Jeremy Deedes of Planning for Life, life and financial planning consultants from Helmsley in North Yorkshire. This is my market perspective for Monday, 28 March 2011. I think the highlight of last week was George Osborne’s comment in the budget that there is no Plan B and I just want to spend the next four minutes or so looking at this and I refer you to Reinhart and Rogoff’s book, “This Time is Different” which is really now the differential work on this particular subject. The title, of course, is tongue in cheek because it has happened many, many times before that we get into these financial crisis, particularly deleveraging crisis, where we’ve seen the personal, banking and government sectors having to take dramatic steps to reduce their debt levels or else go bankrupt. It is estimated that the total government debt, the short and long-term and that includes pension liabilities probably amount to in the region £80,000 per household at the moment – staggering sum. Interesting only around £100 or £200 for that is down to the bank bale out. The rest of it is much longer-term debt. Reinhart and Rogoff, in their book, look to the aftermath of major financial crisis, such as the one we’ve just been through, and what they found was not particularly nice or pleasant. They found out on average real house prices dropped 35% over six years, equity prices dropped 55% over three years, unemployment rose 7% over four years, output dropped 9% over two years, and government debt rose 86% of GDP over five years. That’s a terrible situation to be in and it does need drastic action. So what are the chances or options? Well, you could offer a high inflation policy which obviously reduces real value of debt but has other significant side effects, of course. You could try the currency devaluation but really only benefits the export sector, which is not a huge part of our economy. You could hope for a big external shock leading to rapid growth, and of course it is how the U.S. got out of the Great Depression, the shock in this case being a second world war – not really a route we want to go down. The Chancellor could default on his debt, once again has major implications for our long-term credit worthiness – it’s not a route we really want to go down. So it leaves the final option which is the Chancellor’s Plan A which is to tighten the belt and do whatever we can to reduce government debt as much as possible, as quickly as possible – and to be honest, unless that happens, we are in real trouble. We are when never going to recover. We could end up going the way of Greece, Ireland, Portugal and end up being a dogged economy for generations. However, if the Chancellor’s Plan A does work, we could emerge as a very strong economy, well-placed particularly relative to Europe, particularly peripheral Europe and possibly even the U.S. So it might be rough for the next year or so. I think we are all going to have to tighten our belts, but I think we also need to be looking further ahead at the possible opportunities arising from this. So a quick look at the markets last week, which were universally up. There was a focus on global growth and investors took to snapping up bargain stocks at bargain prices after the recent falls post the earthquake and also investors buying into companies that might benefit from Japanese reconstruction. Generally, markets around the world dropped around 3% to 4% in spite of mixed economic data, particularly U.S. housing data which remained weak and is still a real concern for the U.S. economy. Bottom line, bearing in mind that there are still significant risks around – the nuclear and growth risk in Japan, political risk in the Middle East, sovereign debt risk and growth risk in peripheral Europe, and the possibility of a stalling recovery in the U.S. As was already mentioned awhile, longer term opportunities as particular for those economies which take steps to get themselves out of the mess that they are in. Can I just reiterate, I’ll mention that in this situation you need to bounce multi-asset class portfolio which is protected against macroeconomic risks and is able quickly to take advantages of opportunities as they arise. Also in this week, market meeting events. We’ll see the end of the quarter on Thursday so there might be a bit of volatility in the markets. In the U.S., there is a lot of data this week focusing on the consumer sector. Today we get figures on personal income and spending; tomorrow, Tuesday, consumer confidence figures; Thursday, jobless claims again; and on Friday, the all important March employment situation which will be interesting to look at. Well that’s it for me. Thank you a lot for listening and I will back next week. Before I go, just a reminder that nothing in this commentary should be regarded as advice. Planning for Life cannot be held responsible for the outcome of any action taken based on this commentary if advice has not been sought beforehand. You should contact Planning for Life on 01439 770 105 or through our website www.planningforlife.org or look for professional advice before taking any action relating to your personal finances. Planning for Life is authorized and regulated by the Financial Services Authority, our number is 448 184. Thank you. ” -
planningforlife commented on a boo
05 April 2011
Weekly commentary, 28 March 2011
about 2 years ago Helmsley, North Yorkshire, England
“Good Morning this is Jeremy Deedes of Planning for Life, life and financial planning consultants from Helmsley in North Yorkshire. This is my market perspective for Monday, 28 March 2011. I think the highlight of last week was George Osborne’s comment in the budget that there is no Plan B and I just want to spend the next four minutes or so looking at this and I refer you to Reinhart and Rogoff’s book, “This Time is Different” which is really now the differential work on this particular subject. The title, of course, is tongue in cheek because it has happened many, many times before that we get into these financial crisis, particularly deleveraging crisis, where we’ve seen the personal, banking and government sectors having to take dramatic steps to reduce their debt levels or else go bankrupt. It is estimated that the total government debt, the short and long-term and that includes pension liabilities probably amount to in the region £80,000 per household at the moment – staggering sum. Interesting only around £100 or £200 for that is down to the bank bale out. The rest of it is much longer-term debt. Reinhart and Rogoff, in their book, look to the aftermath of major financial crisis, such as the one we’ve just been through, and what they found was not particularly nice or pleasant. They found out on average real house prices dropped 35% over six years, equity prices dropped 55% over three years, unemployment rose 7% over four years, output dropped 9% over two years, and government debt rose 86% of GDP over five years. That’s a terrible situation to be in and it does need drastic action. So what are the chances or options? Well, you could offer a high inflation policy which obviously reduces real value of debt but has other significant side effects, of course. You could try the currency devaluation but really only benefits the export sector, which is not a huge part of our economy. You could hope for a big external shock leading to rapid growth, and of course it is how the U.S. got out of the Great Depression, the shock in this case being a second world war – not really a route we want to go down. The Chancellor could default on his debt, once again has major implications for our long-term credit worthiness – it’s not a route we really want to go down. So it leaves the final option which is the Chancellor’s Plan A which is to tighten the belt and do whatever we can to reduce government debt as much as possible, as quickly as possible – and to be honest, unless that happens, we are in real trouble. We are when never going to recover. We could end up going the way of Greece, Ireland, Portugal and end up being a dogged economy for generations. However, if the Chancellor’s Plan A does work, we could emerge as a very strong economy, well-placed particularly relative to Europe, particularly peripheral Europe and possibly even the U.S. So it might be rough for the next year or so. I think we are all going to have to tighten our belts, but I think we also need to be looking further ahead at the possible opportunities arising from this. So a quick look at the markets last week, which were universally up. There was a focus on global growth and investors took to snapping up bargain stocks at bargain prices after the recent falls post the earthquake and also investors buying into companies that might benefit from Japanese reconstruction. Generally, markets around the world dropped around 3% to 4% in spite of mixed economic data, particularly U.S. housing data which remained weak and is still a real concern for the U.S. economy. Bottom line, bearing in mind that there are still significant risks around – the nuclear and growth risk in Japan, political risk in the Middle East, sovereign debt risk and growth risk in peripheral Europe, and the possibility of a stalling recovery in the U.S. As was already mentioned awhile, longer term opportunities as particular for those economies which take steps to get themselves out of the mess that they are in. Can I just reiterate, I’ll mention that in this situation you need to bounce multi-asset class portfolio which is protected against macroeconomic risks and is able quickly to take advantages of opportunities as they arise. Also in this week, market meeting events. We’ll see the end of the quarter on Thursday so there might be a bit of volatility in the markets. In the U.S., there is a lot of data this week focusing on the consumer sector. Today we get figures on personal income and spending; tomorrow, Tuesday, consumer confidence figures; Thursday, jobless claims again; and on Friday, the all important March employment situation which will be interesting to look at. Well that’s it for me. Thank you a lot for listening and I will back next week. Before I go, just a reminder that nothing in this commentary should be regarded as advice. Planning for Life cannot be held responsible for the outcome of any action taken based on this commentary if advice has not been sought beforehand. You should contact Planning for Life on 01439 770 105 or through our website www.planningforlife.org or look for professional advice before taking any action relating to your personal finances. Planning for Life is authorized and regulated by the Financial Services Authority, our number is 448 184. Thank you. ” -
planningforlife commented on a boo
05 April 2011
Weekly commentary, 4 April 2011
about 2 years ago Helmsley, North Yorkshire, England
“Good morning. This is Jeremy Deedes for Planning for Life, life and financial planning consultants from Helmsley in North Yorkshire. This is my market perspective for Monday, 4 April 2011. Good Morning. Well last week, another of those slightly disconcerting weeks. We saw a kind of example of human stupidity and terrible examples once again of our total disregard for human life and it really makes you wonder how on earth the human race has actually survived for as long as it has. Also, quite a sad example of how the beat of a butterfly’s wings is combined with Facebook. So is a book burning in Florida unremarked by virtually everyone else in the U.S. and Europe. Ultimately, it led to 12 deaths in Afghanistan and along with ongoing violence in Africa not a particular pleasant week. However, there were a couple of good bits of financial and economic news. In the U.S. last week, we saw employment data which is not particularly good, it is slightly better than the consensus and let hopes that the US recovery is solidifying, in spite of the fact that housing data is still very weak. The other bit of good news came from China, where a manufacturing survey showed that manufacturing activity increased again and the reason that we are seeing this very good news suggests that China central bank activity to cool the economy is not actually damaging economic activity. However last week, the boggies of Japan’s nuclear disaster, Middle East unrest and the European sovereign debt crisis led to a volatile week on the markets. Again, but in spite of that around the world virtually every market was up. In Japan we saw market up 2%, Far East up 3%, Europe up 2% and U.S up 1.5% and of course we saw the end first quarter last week as well and it is worth just checking what happened in the first quarter. Japan was down 5%, Far East was very mixed, ranged from China up 6% to India down 5%, most of the Far East markets are up around 2% over the quarter. Europe, the UK, was stolidly unchanged whilst France raised 5%, Germany raised 2%, and US was up 5%, 75% on the quarter. So in spite of a very, very dramatic quarter, the market seemed to have survived and come through. To look at the UK, the FTSE is now standing at around 6000, more or less exactly where it was at the beginning of the year and what I would suggest is probably it is peak for some time to come – I cannot come see much movement ahead of 6,000 sometime. So the bottom line – Well, it certainly achieved a degree of stability at last, but I do not think we are going to see great movements in the markets for some time. Recovery is still very fragile. It is under threat not only from natural disasters but from geopolitical events, poor policy decisions, and that could particularly affect the Far East, inflation, buzzing around the place, ultimately in various consumer retrenching. And I think we are beginning to see the consumers rarely begin to ask themselves deep questions about their spending powers and arguably, global recovery is now more qualified than it was at the start of the year. This week coming up, market moving events – well, central bank meetings from Australia, UK, Japan and the EU. The latter I think probably heralding a 25% rate hike and yes, we are going to see the minutes of the last FOMC meeting and they will be watched closely for any indication that we are going to see an early end to US quantitative easing 2. Here at PFL this week, there is going to be tidying up after a slightly chaotic tax year end. Firstly, I am looking forward to heading up on Friday to Val d’Isere with the Ampleforth College ski party and so my important indices are the snow levels in Val which are looking okay at the moment, with 40 centimetres on the lower slopes, over a metre on the top slopes, 90% of slopes and lifts are open. Weather forecast is okay. I am just looking at the webcams. Val looks a bit cloudy, a bit of snow around but people are out there skiing and that is what I am going to be doing next week. So I am afraid no commentary for me next week and speak to you again on the 18 April 2011. Have a very good two weeks. And before I go, please note that nothing in this commentary should be regarded as advice. Planning for Life cannot be held responsible for the outcome of any action taken based on this commentary if advice has not been sought beforehand. You should contact Planning for Life in 01439 770 105 or through our website, www.planningforlife.org, or your professional advisers, before taking any action relating to your personal finances. Planning for Life is authorized and regulated by the Financial Services Authority; our number is 448184. Thank you very much. Take care. ” -
planningforlife commented on a boo
09 August 2010
Weekly commentary, 9 August 10
almost 3 years ago Nunnington, North Yorkshire, England
“Apologies - figures given for market performance in this commentary are for 2010 to date, not last week. Jeremy Deedes”
planningforlife
Jeremy Deedes
I am a Certified Financial Planner. I help clients create and implement a life and financial plan to ensure they always have the right money in the right place at the right time to achieve their important life goals.
Helmsley, North Yorkshire
planningforlife commented on a boo
28 January 2013
'Stay In The Loop' Marketing Update - Social Search comes of Age with Facebook Graph Search Launch
susanne_currid
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